Visakhapatnam’s real estate market is set for growth. Big investments and better roads fuel this boom. Projects like the Google Data Centre, TCS and Cognizant funds, and Aviation City boost demand. CREDAI Visakhapatnam Chairman V. Dharmender shared this view.
He spoke to reporters on Wednesday. The 11th CREDAI Property Expo runs from December 19 to 21. It taps into the bright market mood.
North Andhra sees fewer people leave and more skilled workers arrive. Investments keep coming. Bhogapuram International Airport nears. Visakhapatnam heads the Regional Economic Zone. These steps aid steady growth in roads, tourism, and clean factories. They match the Viksit Bharat 2047 plan, he added.
CREDAI Visakhapatnam President E. Ashok Kumar noted faster building across fields under the NDA rule. The expo lets buyers check projects and pick wisely. It helps budget shoppers with trusted choices in one spot, he said.
Municipal Administration Minister P. Narayana opens the event on December 19. Tourism Minister Kandula Durgesh closes it on December 21.
Honorary Secretary V. Sreenu called the expo an yearly showcase of builders’ team effort. The 11th one scales up big. Recent government aid to builders helps.
Convenor Ch. Govinda Raju said 71 stalls cover many types. Banks give quick loan nods on site. CSR spots go to Andhra University’s Architecture Department, ISKCON, Apollo, and GITAM.